Cape Coral-Fort Myers, FL

Tracey Velt's Market Report

Cape Coral-Fort Myers, FL

Single-Family Homes

HW Wire | Editorial Director | tracey@hwmedia.com | 407-716-0498

Sun Feb 16 2025
This week the median list price for Cape Coral-Fort Myers, FL is $499,700 with the market action index hovering around 27. This is less than last month's market action index of 28. Inventory has held steady at or around 8,933. Click here to stay informed with the Cape Coral-Fort Myers market!

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Median List Price		$499,700
Median Price of New Listings		$524,552
Per Square Foot		$270
Average Days on Market		131
Median Days on Market		77
Price Decreased		43%
Price Increased		2%
Relisted		8%
Inventory		8,933
Median Rent
Market Action		27
Slight Buyer's Advantage

Each segment below represents approximately 25% of the market ordered by price.

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$1,225,000	2,536	0.25 - 0.5 acre	3	3	21	142	119	77
$610,420	2,012	0.25 - 0.5 acre	3	2	20	160	135	77
$424,900	1,796	0.25 - 0.5 acre	3	2	14	126	171	84
$329,000	1,477	0.25 - 0.5 acre	3	2	19	140	213	77

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$1,225,000	2,536	0.25 - 0.5 acre	3	3	21	142	119	77
$610,420	2,012	0.25 - 0.5 acre	3	2	20	160	135	77
$424,900	1,796	0.25 - 0.5 acre	3	2	14	126	171	84
$329,000	1,477	0.25 - 0.5 acre	3	2	19	140	213	77

Median Price	Top $1,225,000	Upper $610,420	Lower $424,900	Bottom $329,000
Sq. Ft.	2,536	2,012	1,796	1,477
Lot Size	0.25 - 0.5 acre	0.25 - 0.5 acre	0.25 - 0.5 acre	0.25 - 0.5 acre
Beds	3	3	3	3
Baths	3	2	2	2
Age	21	20	14	19
New	142	160	126	140
Absorbed	119	135	171	213
DOM	77	77	84	77

Tracey Velt's Market Report